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Author Topic: Billions Removed From Medicare Today!( This is not a joke)  (Read 852 times)

Offline Phedre

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Heads Up

Hospitals will lose billions today. Why isn't anyone talking about it?

It isn't an April Fool's joke, although hospitals may wish it were: Under the sequester, Medicare cuts totaling about $10 billion finally kick in today.

For months, providers had waged a lobbying battle trying to prevent this outcome. As part of that campaign, state and national associations released a flurry of dire reports, showing that facilities would see real pain from sequestration.

    Wisconsin's hospitals will collectively lose $2 million per week.
    In Florida, the average hospital will lose $8 million across the next decade.
    And per the American Hospital Association, the sequester could even cost more than 750,000 health care jobs.

http://www.advisory.com/Daily-Briefing/2013/04/01/Sequester-cuts-kick-in

Hope none of us "oldsters" or those on disability need  medical care soon!  :o



If I put this in the wrong place, feel free to move it. 

Offline zorgon

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Re: Billions Removed From Medicare Today!( This is not a joke)
« Reply #1 on: April 04, 2013, 01:58:12 PM »
It was posted April 1st  then they say its not a joke, so why post it on April 1st?

Lets get some backup info to verify this, shall we?

 ::)

Offline Caver78

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Re: Billions Removed From Medicare Today!( This is not a joke)
« Reply #2 on: April 04, 2013, 03:21:49 PM »
http://csbj.com/2013/04/02/hospitals-brace-for-sequestration-related-cuts/
Found this from the Colorado Business Journal

and this from the Madison WI area
http://badgerherald.com/news/2013/03/06/sequester_to_cost_wi.php#.UV38HI7iNUS

So people aren't being kicked off medicare, but the hospitals reimbursment rate just took a hit.


 


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